Owning a brand new Bancon home is within reach thanks to the Government’s Help to Buy Scheme. All you need is a 5% deposit!
Help to Buy (Scotland) is a way in which homebuyers can purchase their new home, even if they fall short on deposit funds. The scheme enables them to buy a home with just a 5% deposit saved, while the Government lends a further 15%, meaning potential buyers only have to obtain a mortgage of 80%. What is even better is you don’t have to be a first time buyer to qualify.
The Scottish Government run scheme has transformed the buying process for potential purchasers in Scotland, meaning it has never been easier to own your perfect home. It is an initiative to help you with deposit funds, enabling you to obtain a mortgage of between 80% and 85% with as little as 5% deposit, plus the option to purchase additional equity.
The Scottish Government requires that all Help to Buy scheme applicants speak with a financial advisor. Bancon Homes can put you in touch with independent financial advisors who can help you assess whether you will be eligible for the scheme and take you through the application process. They are also specialists in new homes mortgages and have access to mortgage rates that other brokers may not have access to. With excellent interest rates available on 80% mortgages, there has never been a better time to take advantage of Help to Buy.
For further information on Help to Buy (Scotland) or properties available within it call Bancon Homes now on 01330 824900